Crypto Bear Market Newbie Exhaustion

Looking at the value of crypto depreciate and looking at your portfolio depreciate along with it can be a painful feeling, but not to a crypto oldie that has experienced a bear market before. People were focused on Michael Saylor and his bitcoin value more than they are focused on their own business. They keep helping him calculate his losses as the crypto market price tanks. Saw a video showing CZ’s net worth difference between 2021 and 2022, and according to the video his networth has gone from $90 Billion to $10 billion. The crypto market cap is more than 70% down in its market value. This means that everyone who bought the top last year is more than 50% down the value of their crypto asset.

Back to Michael Saylor, lots of people keep calling him a brave man for acting cool despite the fact that he is already $1 Billion plus in loss. I guess he knew the risks before embarking on his bitcoin investment journey, so people should chill and give him a break. But then if the crypt OGs are cool about the crypto dip and not making noise and panicking what about the crypto newbies that joined crypto few months ago, how do you think they are feeling right now?

It gets worst when you onboarded lots of people into crypto when it was pumping and they invested their money at the top. During times like this is when you start getting a lot of messages from lots of crypto newbies you onboarded about how confused they are about the market. When the market was pumping you don’t see them panic or hear them call you to thank you for introducing them into crypto. They don’t even want to hear an explanation on how the crypto pumps, they just love the feeling of buying a coin and watching it pump.

But watch the space and how they react right now as the crypto market price is dumping. All of a sudden they start asking the big WHY? question. They start asking for explanation and want to understand why and how the market price is dumping. I’m sure most of us are experiencing this right now, because that is what I am currently going through. I am tired of telling them to have patience in the market. I keep explaining to them that the crypto market has its Bull and bear days and we are in the bear days.

Most of them keep asking me for my opinion on why the market price is dumping. I have no idea why it’s dumping, I am as clueless as they are, my portfolio is also down 50%+ and I don’t know when the dip is going to be over. I get asked by most of them to check the market, they constantly send me messages reminding me of how down the market. I am a crypto investors, of course I know where the price is because I am also looking at the chart.

Well, it’s a phase expected to happen, in the next 3 years after the bear market is over, they will be the one in my current position after they have onboarded more people into crypto. That’s how the process goes on our crypto goal of spreading mass awareness and adoption.

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